I bonds — Wait for higher rate?
Should I buy now or wait till the rate goes up. Does it matter ?
Terry Says
New rates will be set next week for the coming 6 months. They will undoubtedly be higher. There would be no reason to wait — UNLESS they also decide to change the “base rate” — currently zero, to something higher on the new bonds as of May 1st.
So it might pay to wait a few days to see if that happens, and then buy bonds with a higher base rate for the life of the bond. The inflation adjustment would come on top of the higher base.
Read this article about how to buy bonds: https://www.terrysavage.com/i-bonds-yield-7-12-chicken-money-alert/
